Private equity's inflation threat

Thursday 19 January 2023 | 18:30 - 20:30 | Evening Event

This is an in-person networking and knowledge sharing opportunity.

This session has been organised by CFA UK's Private Equity special interest group.

Lessons learned from the past and other jurisdictions about the threat of inflation to private equity investments.

Over the last 20 years, capital markets have benefitted from a low interest rate environment that has catapulted asset prices to historic maximum levels, creating massive wealth around the world.

Current inflationary pressures might bring interest rate up to levels not seen since 2007 when the Bank of England base rate was at 5.75%. In this context, what do private equity firms do to mitigate inflation’s impact?

Learning outcomes from this session;

• Understand how private equity investors in other countries with high inflationary and interest rate environments, manage their investments to maximise returns
• Explore the effect inflation and high interests had on private equity investments in the past, and how these affected returns and dynamics in the market
• Understand the potential effects that the current inflationary and expected high interest environment can have on private equity investments, and what sort of responses investors should prepare for to tackle the new framework

Timings

Registration: 18:00

Event: 18:30 - 19:30

Networking: 19:30 - 20:30

CPD Points: 1.00

Speakers

Yael Selfin, Chief Economist, KPMG

Yael Selfin is the Chief Economist at KPMG, a role in which she advises clients on the global economic outlook and its impact on their strategy. With 20 years in her role, Yael’s regular forecasts are very popular with clients, with she and her team in high demand.

Yael's team took a central stage in guiding clients during the Covid-19 pandemic on the likely direction the government was going to take and the resulting economic impact. She is one of the firms’ leading spokespeople and is a regular commentator on economic issues in the media. Her high profile provides inspiration for young women to join the financial and professional services industry either as economists or business and finance professionals.

Yael is a member of the Council of Management of SUERF and Co-Chair of the International Roundtable at NABE, where she has been actively promoting women contributors to their events. She has been working to increase the proportion of women, as well as people from disadvantaged background, in the economics profession and has acted as a mentor to women in the industry for many years.

Ravi Bhatt, Director, Responsible Investment, Apis Partners

Ravi has spent much of his career within financial services and fintech, both in an advisory and investment context. He is with Apis Partners, which is an ESGI-native global private equity asset manager that supports growth stage financial services and financial infrastructure businesses by providing them with catalytic growth equity capital.

At Apis he is on the investment team and is responsible for the social impact focus of Apis’ investment mandate and for ensuring that portfolio companies adhere to solid ESG (environmental, social and governance) principles. 

Prior to joining Apis, Ravi worked on early-stage investments as well as strategy and buy-side M&A transactions at Anthemis Group and Nomura.

Click  here  to view our event terms and conditions.

Please note if you require special assistance or have specific access requirements, please contact the events team at events@cfauk.org